Gems, gadgets and groceries: Which goods will get costlier after Trump’s tariff move?

US President Trump has initiated a 10 per cent tariff on global imports, significantly impacting trade with 180 countries. Indian exports, notably gems and jewellery, face a flat 26 per cent duty. Numerous industries worldwide, from tech giants to automotive companies, are bracing for price hikes and supply chain disruptions.

Apr 7, 2025 - 01:45
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Gems, gadgets and groceries: Which goods will get costlier after Trump’s tariff move?
US President Trump has initiated a 10 per cent tariff on global imports, significantly impacting trade with 180 countries. Indian exports, notably gems and jewellery, face a flat 26 per cent duty. Numerous industries worldwide, from tech giants to automotive companies, are bracing for price hikes and supply chain disruptions.

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